James Comer: Treasury Reports Show Biden Family Made Millions from Chinese Company After 2016

The Biden family business received a $3 million wire transfer from a Chinese energy company and subsequent payments after President Joe Biden left the vice presidency in 2017, House Oversight Committee Chairman James Comer (R-KY) announced upon receiving suspicious activity reports from Treasury about it. week.

US banks flagged more than 150 SARs from Hunter and James Biden that included “significant” amounts of money that were slated for further review. according According to a 2020 Senate report, search and rescue reports often contain evidence of possible criminal activities, such as money laundering and fraud.

“According to bank documents we already obtained, we know that one company owned by one of Biden’s associates received $3 million from a Chinese energy company two months after Joe Biden left as vice president,” Kummer said in a statement. “Soon after, hundreds of thousands of dollars in payments went to members of the Biden family.”

The Biden family had previously negotiated a deal with CEFC for Joe Biden (Big Guy) to take a ten percent stake in the joint venture with Hunter’s former business partner Tony Bobulinski. In 2017, Hunter obtained a million-dollar power of attorney from the company’s president, Ye Jianming. Hunter also received a large Ye diamond valued at approximately $80,000 in February 2017.

The SARs also likely show money paid to Hunter and James Biden for their work with a Ukrainian energy company. In April 2014, Hunter joined Burisma’s board of directors, just two years before Joe Biden announced he had forced Attorney General Victor Schocken to fire him. Investigation Burisma. Despite Hunter’s lack of experience in Ukraine or the energy sector, he earned $83,000 a month from the energy company or $1 million a year—just weeks after his father was declared the “right guy” in U.S. foreign policy toward Ukraine.

Associated Press

President Joe Biden and his son Hunter Biden leave Air Force One, Saturday, February 4, 2023, at Hancock Field Air National Guard Base in Syracuse, New York. Biden is in Syracuse to visit family members following the death of Michael Hunter, brother of the president’s first wife, Neilia Hunter Biden. (AP Photo/Patrick Simanski)

“We will continue to use bank documents and suspicious activity reports to follow the money trail to determine the extent of the Biden family’s business schemes, if Joe Biden is compromised by these deals, and if there is a threat to national security,” he explained.

The Treasury Department’s compliance with Business Activity Report disclosures is a huge development in the investigation into the Biden family’s business. Comer is investigating the Biden family business for nine violations, including phone fraud and money laundering.

The Treasury Department had previously refused to disclose bank documents to the committee and even declined to attend a committee hearing on Friday. “After two months of sluggishness, the Treasury Department is finally giving us access to the Biden family’s suspicious activity reports and their associates’ business dealings,” Kummer said.

“We should never have threatened a hearing and written interview with an official under penalty of perjury for the Treasury Department to eventually accommodate part of our request,” Kummer added. “For more than 20 years, Congress has had access to these reports, but the Biden administration changed the rules out of the blue to restrict our ability to conduct oversight.”

Published in 2018 and 2020, Senior Contributor at Breitbart and President, Institute for Government Accountability, Peter Schweizer Secret empires And Features of corruption. Every book hit No. 1 on The New York Times bestseller list and reveal how Hunter Biden and Joe Biden flew on Air Force One in 2013 to China before Hunter’s company signed a $1.5 billion deal with a subsidiary of China’s state-owned Bank of China less than two weeks into the flight. Schweizer’s business also exposed the Biden family’s massive and lucrative foreign deals and nepotism. Political editor Breitbart Emma-Jo Morris’s investigative work on New York Post On the Hunter Biden device, “Laptop from Hell” also made international headlines when it revealed with Miranda Devine that Joe Biden was intimately involved in Hunter’s business, apparently even owning ten percent A stake in a company formed by the descendant with officials at the highest levels of the Chinese Communist Party.

Follow Wendell Husebø at Twitter @ssssssssssssssssssssss Slave morality policy.

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